US refunds $81bn in Trump tariffs after supreme court ruled them illegal
North AmericaBusinessHigh confidence — 89/100
The US government has already paid back tens of billions of dollars in tariffs it collected before the supreme court ruled them illegal, according to budget figures released on Monday.
Tariffs – taxes on imported goods – have been a key part of Donald Trump’s economic plan since he took office again last year.
In February the supreme court shut down a big chunk of the extra tariffs Trump had ordered, forcing the government to return money to the companies that had paid them.
Confirmed
The US government has already paid back tens of billions of dollars in tariffs it collected before the supreme court ruled them illegal, according to budget figures released on Monday.
Tariffs – taxes on imported goods – have been a key part of Donald Trump’s economic plan since he took office again last year.
In February the supreme court shut down a big chunk of the extra tariffs Trump had ordered, forcing the government to return money to the companies that had paid them.